185 Saint Philip Street B, Charleston, SC 29403

$1,250,000 Asking Price

3 beds
3 baths
925  sqft
Built in 1870

PREVIOUSLY LICENSED STR UNDER CONSTRUCTION WITH JULY 2024 COMPLETION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property will undergo a major renovation that boasts luxury finishes. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter ofnightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. PROPERTY WILL BE EXTENSIVELY RENOVATED AND TURNKEY The property features one unit, that is above a vacant commercial space. The upstairs STR unit features three bedrooms with three full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit include walk in tiled showers with an illuminated shower niche and wood floors throughout. This property is modern and virtually maintenance free! HIGH CASHFLOW PROPERTY Although the property was previously fully licensed and operating, the newly renovated floor plan and financials will differ upon completion. Financials available upon request. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Looking for projections? Financial projections will be completed by a third party company. ALL FURNITURE AND DECOR IS AVAILABLE FOR PURCHASE


Features & Amenities

Interior

General:
Ceiling - Smooth, Ceiling Fan(s)
A/C:
true, Central Air
Heating:
true, Electric, Heat Pump

Exterior

General:
None

Construction

Roofing:
Metal
General:
Wood Siding, 1, Other (Use Remarks)

Location

County:
Charleston

Utilities

Utilities:
Charleston Water Service, Dominion Energy
Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
The Boulevard Company, LLC

About Charleston, SC

Housing

Number of Units
103,102
Median Home Value
$381,088
Median Rent
$1,115

44.57% of housing units are renter occupied.

11.18% are vacant.

Commute

Car
66.58%
Public Transportation
0.63%
Walk to Work
2.64%
Work from Home
28.45%
Other
0.70%

The median travel time to work is 18 minutes.

People

Population
206,347
Median Age
37.50
Median Household Size
2.42

Education

High School
21.01%
Associate’s Degree
8.02%
Bachelor’s Degree
31.36%
Graduate Degree
17.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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